Auction

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Auction

1/10

2 bed flat for sale Grange Road, Shanklin, PO37

Guide price

£70,000

Added on 27/09/2026

For sale by auction

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £131 per sq ft
Tenure: Leasehold; 89 years left(from the agent's description)

Service charge £1,000 a yearGround rent £40 a year Council tax Band A £1,751 a year

* From the agent's description. Check it with them before you rely on it.

Highlights

From the agent's description

Chain free
Communal gardens
Open-plan kitchen
Utility room
Needs modernisation
89 years left on the lease

About this property

Offered to the market 'chain free' is this 2 bedroom, ground floor apartment located in Shanklin Old Village and ideally located for all local amenities and bus routes.

The flat can be accessed from either the main entrance in Grange Road or via the pretty communal garden that leads out into the quaint village and is all on one level with no steps.

Floorplan

Council tax

Band A £1,751 a year

Per year

Band A

This home: £1,751
Band B

£2,042
Band C

£2,334
Band D

£2,626
Band E

£3,209
Band F

£3,793
Band G

£4,376
Band H

£5,252

This home is in band A, which costs £1,751 a year in Isle of Wight for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Isle of Wight, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

This home

£131 / sq ft

Area average (sold)

£278 / sq ft

Price per area, sold homes nearby

£180 / sq ft

£131 / sq ft

£390 / sq ft

Lowest

This home

Highest

£131 per sq ft, below almost all recent sales in PO37 (£180–£390, 10th–90th percentile, 234 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 234 homes sold in PO37 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in PO37 →

Location

Grange Road, Shanklin, PO37

Open map Street View

Mortgage and stamp duty

Property price £70,000

£35k £105k

Deposit10% £7,000

£0 £70k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £63,000 mortgage. Most lenders would want a household income of about £14,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 2, Suvretta House, Grange Road Flat / maisonette	Flat / maisonette	Apr 2024	614 sq ft £179/sq ft	614 sq ft	£179	£110,000
Flat 7, Suvretta House, Grange Road Flat / maisonette	Flat / maisonette	Nov 2023	409 sq ft £203/sq ft	409 sq ft	£203	£83,000
Flat 10, Suvretta House, Grange Road Flat / maisonette	Flat / maisonette	Oct 2022	420 sq ft £238/sq ft	420 sq ft	£238	£100,000
Flat 20, Suvretta House, Grange Road Flat / maisonette	Flat / maisonette	Aug 2022	344 sq ft £273/sq ft	344 sq ft	£273	£94,000
Flat 11, Suvretta House, Grange Road Flat / maisonette	Flat / maisonette	May 2022	398 sq ft £218/sq ft	398 sq ft	£218	£87,000
Flat 20, Suvretta House, Grange Road Flat / maisonette	Flat / maisonette	Dec 2018	344 sq ft £226/sq ft	344 sq ft	£226	£78,000
Flat 13, Suvretta House, Grange Road Flat / maisonette	Flat / maisonette	Mar 2018	420 sq ft £181/sq ft	420 sq ft	£181	£76,000
Flat 10, Suvretta House, Grange Road Flat / maisonette	Flat / maisonette	Jul 2017	420 sq ft £186/sq ft	420 sq ft	£186	£78,000